Moez, Anson and ....... so what.I understand the issues and why people are so upset - but pick your favorite to blame, Moez, black market, over supply, over price, incompetent management, cuz all contributed to a share price of .055 cents.
Here we are though - what now?
What I'd like to see out of Zena management is an honest, open Corporate Update - no bullsh*t, vague excuses or omitting the negatives, just an explanation of where things are and what the actual strategic plan is going forward to fix the problems. they have not been upfront or honest with these to date.
And no "Altman is new to the job" excuse - the majority of Zena's Board is either directly repsonsible for the problems, involved or is at least aware of them. It's would be ridiculous to expect a lone CEO, new to the organization, could come in and fix all the issues - a Board provides direction to a CEO, not the other way round - and expects him to then execute the plan. Action needs to be taken in the short term - it can't wait for the new guy to get up to speed in 6 months or a year, because Zena won't last that long.